Deducted tds but tan not obtained: penal consequences?

TDS Returns can be filed as there is no time barred due date, only point is fine may be imposed if filed after normal due date. If returns can be filed, then 16A can also be generated.

Regards,

The Company has made default in not making application for allotment of TAN No (April 2011, within 1 month from the end of the month in which TDS was deducted)under Sec 203A read with Rule 114A..

However, the Company can still file the return for all the four quarteres of financial year 11-12 as well as fourth quarter of financia year 2010-11.

Now, the Company has to pay 1.50% per month for default in deposting the TDS to the credit of Governemnt u/ 201(1A)(ii).

The Company has made default in not making application for allotment of TAN No (April 2011, within 1 month from the end of the month in which TDS was deducted)under Sec 203A read with Rule 114A..

However, the Company can still file the return for all the four quarteres of financial year 11-12 as well as fourth quarter of financia year 2010-11.

Now, the Company has to pay 1.50% per month for default in deposting the TDS to the credit of Governemnt u/ 201(1A)(ii).

Agree with Ms. Sonam

FILE THE RETURNS AND ISSUE TDS CERTIFICATES QUARTER WISE.PAY INTEREST ON LATE DEPOSIT OF TDS.THE PENAL ACTIONS ARE ON THE DISCRETION OF ITO TDS.

Dear Sonam,

I am facing some difficulties in finding out the relevant section that tells me that TDS returns of a period in which TAN was not applied can be filed after acquisition of TAN. Can you please mark me with the relevant section or circular or notification. Moreover, your reply was almost understandable but i am not getting one one thing can TDS returns be filed before application of TAN. Please elaborate.

Thank you

CA Rajiv is right